000686.SHE Northeast Securities Co Ltd
- Market cap
- CNY 16.8B
- P/E
- 11.7x
- P/B
- 0.68x
- ROE
- 5.7%
- Dividend yield
- 6.99%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000686.SHE undervalued?
Graham number000686.SHE trades 40.5% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Northeast Securities Co Ltd fundamental analysis
No fundamental analysis for Northeast Securities Co Ltd yet.
Northeast Securities Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Northeast Securities Co Ltd
Northeast Securities Co., Ltd. engages in the wealth management, institutional, investment banking, credit, asset management, and securities investment businesses in China. The company offers securities brokerage and asset allocation services; trading services for stocks, bonds, funds, futures, and options; research and consulting services to public and private fund, listed company, non-listed public company, government and enterprise, and financial peer clients; and designs…
Full company profileNortheast Securities Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Northeast Securities Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 4.42B | 6.54B | 8.17B | 9.30B | 7.78B | 8.76B | 6.20B | 7.84B | 6.41B | 4.96B | 5.09B |
| Gross Profit | 4.42B | 4.86B | 6.71B | 7.84B | 6.47B | 7.31B | 4.90B | 6.38B | 6.41B | - | - |
| Operating Income | 1.65B | 781M | 299M | 1.28B | 1.81B | 2.09B | 200M | 723M | 1.13B | - | - |
| EBITDA | 1.73B | 868M | 395M | 1.38B | 1.92B | 2.29B | 427M | 978M | - | - | - |
| Net Income | 1.31B | 667M | 301M | 1.01B | 1.33B | 1.62B | 231M | 668M | 874M | 1.45B | 1.36B |
| EPS | 0.58 | 0.28 | 0.13 | 0.43 | 0.57 | 0.69 | 0.10 | 0.29 | 0.37 | 0.62 | 0.58 |
| Balance Sheet | |||||||||||
| Total Assets | 75.2B | 59.9B | 64.8B | 68.2B | 68.7B | 80.1B | 79.0B | 83.3B | 89.0B | 113B | 124B |
| Total Liabilities | 58.6B | 43.1B | 48.9B | 52.1B | 51.3B | 61.4B | 60.3B | 64.4B | 69.4B | 92.7B | 99.3B |
| Shareholders' Equity | 15.6B | 15.7B | 14.8B | 15.6B | 16.7B | 18.0B | 18.0B | 18.5B | 19.1B | 20.1B | 23.8B |
| Cash & Short-term Investments | 29.7B | 24.0B | 22.0B | 31.8B | 34.9B | 40.2B | 40.4B | 39.3B | 50.0B | 64.8B | 67.9B |
| Total Debt | 15.4B | 10.8B | 14.7B | 16.1B | 9.08B | 14.5B | 15.4B | 19.9B | 16.0B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -16.2B | 4.50B | -715M | 7.83B | 2.32B | 4.31B | 2.71B | -1.88B | 10.9B | 1.00B | -5.19B |
| Capital Expenditure | 154M | 234M | 111M | 98.7M | 133M | 214M | 271M | 294M | 180M | 93.1M | 174M |
| Free Cash Flow | -16.4B | 4.27B | -826M | 7.73B | 2.19B | 4.10B | 2.44B | -2.18B | 10.8B | 910M | -5.36B |
| Ratios | |||||||||||
| ROE | 8.4% | 4.3% | 2.0% | 6.5% | 8.0% | 9.0% | 1.3% | 3.6% | 4.6% | 7.2% | 5.7% |
| ROA | 1.7% | 1.1% | 0.5% | 1.5% | 1.9% | 2.0% | 0.3% | 0.8% | 1.0% | 1.3% | 1.1% |
| Net Profit Margin | 29.8% | 10.2% | 3.7% | 10.8% | 17.1% | 18.5% | 3.7% | 8.5% | 13.6% | 29.3% | 26.6% |
| Debt to Equity | 0.99x | 0.69x | 0.99x | 1.03x | 0.54x | 0.80x | 0.85x | 1.08x | 0.84x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Northeast Securities Co Ltd dividends
- Dividend yield
- 6.99%
- Forward dividend
- 0.60 CNY
- Payout ratio
- 80.7%
- Ex-dividend date
- May 28, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 1.17B | 0.50 | 80.7% |
| 2024 | CNY 234M | 0.10 | 26.8% |
| 2023 | CNY 1.04B | 0.44 | 155.4% |
| 2022 | CNY 1.07B | 0.46 | 465.2% |
| 2021 | CNY 1.21B | 0.52 | 74.2% |
| 2020 | CNY 1.31B | 0.56 | 98.1% |
| 2019 | CNY 1.25B | 0.53 | 123.8% |
| 2018 | CNY 1.20B | 0.52 | 398.4% |
| 2017 | CNY 1.40B | 0.59 | 210.1% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 20:10 on Apr 16, 2014.
Who owns Northeast Securities Co Ltd
- Insiders 45.72%
- Institutions 8.09%
- Public & others 46.19%
- Shares outstanding 2.34B
- Free float 2.01B
Northeast Securities Co Ltd company profile
- Company name
- Northeast Securities Co Ltd
- Ticker
- 000686.SHE
- ISIN
- CNE0000004H9
- Exchange
- Shenzhen Stock Exchange
- Sector
- Financial Services
- Industry
- Capital Markets
- Employees
- 3,604
- Fiscal year end
- December
- Address
- No. 6666 Ecological Street, Changchun, China, 130119
- Phone
- 86 431 8509 6806
- Website
- nesc.cn
About Northeast Securities Co Ltd
Northeast Securities Co., Ltd. engages in the wealth management, institutional, investment banking, credit, asset management, and securities investment businesses in China. The company offers securities brokerage and asset allocation services; trading services for stocks, bonds, funds, futures, and options; research and consulting services to public and private fund, listed company, non-listed public company, government and enterprise, and financial peer clients; and designs and customizes investment and financing business solutions. It also provides financing and financial advisory service; regional equity market listing recommendations, reforms, supervision, and private bond financing; margin trading, stock pledge, securities lending, and equity incentive exercise financing; asset management, orient fund, and private equity funds; equity investment, off-exchange derivatives, new third board market making, alternative investments, as well as fixed income, currencies, and commodities services. The company was founded in 1988 and is headquartered in Changchun, China.
Northeast Securities Co Ltd management
9- Mr. Junyan HeVice Chairman, President, CEO & GM · born 1968
- Mr. Tianwen WangVP & CFO · born 1969
- Mr. Yazhou KongChief Information Officer · born 1976
- Mr. Aibin WangChief Compliance Officer · born 1977
- Mr. Xuefei LiVice President · born 1972
- Ms. Jinyan XueChief Risk Officer · born 1976
- Mr. Chen DongVice President · born 1971
- Mr. Xueshan LiuAccounting Supervisor · born 1973
- Zhang ShisongCompany Secretary